CVS or Walgreens

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CVS Pharmacy, or simply CVS, is the second largest pharmacy chain in the United States (after Walgreens), with approximately 7,027 stores in 45 states and Puerto Rico. As the retail pharmacy division of CVS Caremark, it sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards and convenience foods through their CVS Pharmacy and Longs Drugs retail stores and online through CVS.com. It also provides healthcare services through its MinuteClinic healthcare clinics as well as their Diabetes Care Centers. Most of these clinics are located within CVS stores. CVS is incorporated in Delaware, and is based in Woonsocket, Rhode Island. It was founded in Lowell, Massachusetts in 1963. CVS Pharmacy used to be a subsidiary of Melville Corporation, where initially, its full name was “Consumer Value Stores”. Melville later changed its name to CVS Corporation in 1996. CEO Tom Ryan has said he now considers ‘CVS’ to stand for “Customer, Value, and Service”.

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